Senior Product Manager – Payments Solution & Cash Management

Dar AlBalad for Business Solutions Company; Saudi Arabia; On-site; SAR 350,000 - 600,000; Full time

Job summary

Dar AlBalad for Business Solutions Company in Riyadh is seeking a Senior Product Manager for Payments Solution & Cash Management within IT Services. You will own end-to-end delivery of strategic payments initiatives, from business case through to launch, collaborating with IT, operations, vendors, and PMO.

The role requires deep knowledge of Corporate Cash Management, liquidity, payments rails, open banking, and Saudi market regulators (SAMA, SARIE, mada, SADAD, ZATCA).

Qualifications

• Led two end-to-end strategic initiatives from idea to launch.
• Built business cases and financial models.
• Managed vendor selection processes (RFI/RFP) and evaluations.
• Prepared and presented proposals to senior management.
• Wrote business requirements and process flows.
• Drove delivery with IT, operations, vendors and PMO.
• Led testing, implementation, go-live and post-launch reviews.
• Represented business in governance and regulatory committees, including SAMA approvals.

Responsibilities

• Drive end-to-end initiative delivery from concept to launch.
• Assess and improve products, processes and controls.
• Develop action plans to close gaps and mentor team members.
• Lead payments and product expertise across cash management, cards, wallets.

Skills

Strategic leadership

Business case development

Financial modelling

Vendor management

Proposal presentations

BRD & process flows

Delivery management

Governance & regulation

Team mentoring

Tools

ISO 20022

SWIFT

APIs

Open Banking

Excel

PowerPoint

Job description

Senior Product Manager – Payments Solution & Cash Management – IT Services

Location: Riyadh, Saudi Arabia

#End-to-EndInitiativeDelivery:

The candidate must have personally led at least two strategic initiatives from idea to launch, not just supported or coordinated them.

Experience should include:

• Building business cases and financial models.
• Running vendor selection processes (RFI/RFP), evaluations, and recommendations.
• Preparing and presenting proposals to senior management.
• Writing business requirements and process flows.
• Managing delivery with IT, operations, vendors, and PMO teams.
• Leading testing, implementation, go-live, and post-launch reviews.
• Representing the business in governance, risk, and regulatory committees, including SAMA approvals.

#GapAssessment & TeamDevelopment

• Assess products, processes, systems, controls, and customer services and identify improvement opportunities.
• Develop practical action plans to address gaps.
• Review and improve work produced by other product managers.
• Introduce standard templates, best practices, and mentor team members.

#Payments & ProductExpertise

• Corporate Cash Management & Liquidity
• Payments & Payment Rails
• Collections, POS & E-commerce Acquiring
• Cards & Digital Wallets

#SaudiMarketExperience

• SAMA regulations and approval processes
• SARIE and Saudi Payments
• mada and SADAD
• ZATCA (Fatoora)
• Mudad and Nafath
• Open Banking

#IndustryKnowledge & Tools

• ISO 20022, SWIFT, APIs, and payment integrations
• AML, sanctions, fraud prevention, PCI DSS, and data privacy
• Agile and Waterfall delivery methods
• Financial modelling in Excel and executive presentations in PowerPoint.